Skip to main content

"Oracle Energy and Emirates Global Aluminium Sign MoU to Explore Green Hydrogen Supply and Delivery

 


Hydrogen pipeline. Courtesy of Rawpixel dot com
On February 1st, 2023, Oracle Energy and Emirates Global Aluminium (EGA) signed a Memorandum of Understanding, pledging to collaborate and examine the feasibility of Oracle Energy providing approximately 50,000 tonnes of Green Hydrogen to EGA annually. This would make up the majority of the total output from Oracle Energy's planned Green Hydrogen Project in Pakistan.


If negotiations proceed smoothly, it is intended that a binding agreement will be signed at the 2023 UN Climate Change Conference (COP28) to be held in the UAE from November 30th to December 12th 2023. The objective of Oracle Energy is to produce a total of 55,000 tonnes of high-purity Green Hydrogen each year, which is equivalent to producing 150,000 kg of hydrogen daily.


The MoU is valid for one year from January 30th, 2023, and both parties have agreed to work towards the acquisition of Green Hydrogen ahead of COP28. EGA's aim is to incorporate Green Hydrogen and green ammonia into its operations as part of its commitment to reducing carbon emissions. Replacing natural gas with Green Hydrogen not only decarbonizes the aluminum production process but also enhances the energy efficiency of aluminum furnaces that use oxy-fuel combustion technologies.


Emirates Global Aluminium, based in the UAE, is co-owned by the sovereign investor, Investment Corporation of Dubai, and the state-owned holding company, Mubadala Investment Company. Both companies manage a vast portfolio of assets and investments in the UAE and abroad to deliver sustainable financial returns for their shareholders.


"The MoU with EGA, a sovereign-owned giant in the aluminum sector, represents a major stride towards reducing financing risk for our Green Hydrogen project and securing a place for it in the global Green Hydrogen supply as heavy industries move towards decarbonization," said Naheed Memon, CEO of Oracle Power. "Interest from this global player highlights the significant progress we have made on the development of our flagship Green Hydrogen Project, which has the potential to become one of the largest Green Hydrogen projects in the region. This collaboration is critical as we search for sustainable off-take partners for our Green Hydrogen production. The global opportunities for Green Hydrogen production are immense, and as an early adopter in Pakistan, we are eager to reap the benefits following the successful deployment of our flagship project and contribute to local and regional decarbonization efforts.

Green hydrogen is produced through the process of electrolysis, where an electric current is passed through water to separate the hydrogen and oxygen molecules. In this process, the source of electricity must be renewable, such as wind, solar, or hydro power, in order to produce truly "green" hydrogen. This process produces hydrogen with zero carbon emissions, unlike traditional hydrogen production methods which rely on fossil fuels and emit significant amounts of greenhouse gases.

Source : Oracle Power Plc

#Green Hydrogen #Oracleenergy #Emiratesglobalalluminium






Comments

Post a Comment

Hot Topics

UK Energy Sector Embraces Geothermal Heating with Strategic MoU

Star Energy and Veolia Forge Geothermal Partnership to Decarbonise the UK’s Heating Sector By: Robert Buluma In a groundbreaking move toward the decarbonisation of the United Kingdom’s heating systems, Star Energy Group Plc has signed a Memorandum of Understanding (MoU) with French infrastructure giant Veolia .  The partnership will focus on developing large-scale geothermal heating projects aimed at transforming the energy landscape across commercial, residential, and industrial sectors. This strategic collaboration is set to advance district heating schemes , reduce emissions, and support the UK’s ambition to achieve net-zero carbon emissions by 2050 . Geothermal Energy: A Reliable, Home-Grown Heat Source The partnership aligns with Star Energy’s diversification strategy , building on its extensive subsurface expertise to spearhead innovation in renewable geothermal energy . Veolia brings its global GreenUp strategy into play, aimed at reducing emissions and delivering envir...
Post a Comment
Read more

Revolutionizing Renewable Energy: Texas Paves the Way for Closed-Loop Geothermal Innovation

Pioneering the Future of Geothermal Energy: Texas Leads the Way with Closed-Loop Systems By: Robert Buluma Vallourec's closed loop concept North of Houston, a transformative geothermal initiative is reshaping the energy sector. NOV, a key player in drilling and completions technology, has successfully completed an 11,500-foot closed-loop geothermal test well, marking a significant step forward in renewable energy development. This project highlights the growing potential of closed-loop geothermal (CLG) systems to redefine energy production. Ejen it comes to Geothermal,Innovation and Technology is key and we have seen alot of new findings lately. Unlocking New Possibilities in Geothermal Energy Unlike conventional geothermal systems that rely on naturally occurring underground water sources, CLG technology operates using a sealed system. A specialized heat transfer fluid circulates through a continuous loop, absorbing heat from deep underground rock formations and transporting it to...
Post a Comment
Read more

Innargi Secures First Geothermal Exploration License in Germany

A New Dawn for Renewable Energy in Kiel Transforming Kiel into a Geothermal Powerhouse By: Robert Buluma In a monumental move that marks a pivotal shift in Germany’s renewable energy trajectory, Innargi has secured its first geothermal exploration license in the country. The State Office for Mining, Energy and Geology (LBEG) has granted this exploration license, covering approximately 280 square kilometers in Kiel and its surrounding areas. This bold step not only expands Innargi’s footprint beyond Denmark and Poland but also positions Kiel as a future hotspot for geothermal energy production in Northern Europe. Who is Innargi? A Geothermal Powerhouse in the Making Founded with the mission to unlock deep geothermal energy across Europe, Innargi has rapidly established itself as a frontrunner in geothermal development . The company’s expertise spans large-scale district heating projects in Denmark , exploration initiatives in Poland , and now, an ambitious geothermal future ...
Post a Comment
Read more

Google and Baseload Capital Forge Groundbreaking Geothermal Partnership in Taiwan

A Major Leap for Clean Energy and the Digital Economy By: Robert Buluma In a bold and inspiring move, Google has partnered with Baseload Capital Sweden AB , a renowned global geothermal energy developer, to reshape the future of sustainable energy in Asia. This historic agreement, announced on April 15, 2025 , marks the first-ever corporate power purchase agreement (CPPA) for geothermal energy in Taiwan  a monumental step toward 24/7 carbon-free energy for the tech industry. As digital infrastructure expands rapidly across the globe, fueled by artificial intelligence and hyperscale data centers, the demand for reliable and clean energy has never been more urgent. This partnership not only fulfills that demand but sets a compelling precedent for how tech giants can lead the transition toward sustainable innovation. Why This Deal Matters: Clean, Firm Power for a Greener Future At its core, this partnership between Baseload Capital and Google isn't just about energy it's about e...
Post a Comment
Read more

400C Energy's Bold Leap: Pioneering a 275°C, 100 MWe Enhanced Geothermal Revolution in Utah

400C Energy Pioneers Next-Gen Geothermal Power with Groundbreaking Utah Project By: Robert Buluma In a monumental move for renewable energy development, 400C Energy has acquired 1,960 acres of exploration rights in Utah to develop a cutting-edge Enhanced Geothermal System (EGS) capable of generating 100 MWe of clean, carbon-free electricity. Leveraging proprietary technology, the project promises to revolutionize geothermal energy production by tapping into 275°C resources near the Department of Energy's FORGE site and Fervo Energy’s Frisco Pad.  This article encompounds much on the magical Fervo geothermal project Innovation at the Core The key to this breakthrough lies in 400C Energy’s proprietary hydraulic stimulation technology. This advanced system dramatically increases downhole surface area, enhances power plant longevity, and ensures sustainable energy production by incorporating flow control mechanisms to optimize brine movement within the wells. With over 300 stimulation ...
Post a Comment
Read more

Pertarmina Geothermal anchors Indonesia's Net Zero Pursuit

Harnessing Indonesia's Geothermal Potential: A Path to Net-Zero Emissions Renewable energy is no longer just a buzzword; it's a crucial component in the global fight against climate change. As the world grapples with the urgent need to transition away from fossil fuels, Indonesia is stepping up to the challenge by committing to achieve net-zero emissions by 2060. At the forefront of this ambitious endeavor is PT Pertamina Geothermal Energy Tbk (PGEO), serving as a Decarbonization Catalyst. Indonesia's commitment to combating climate change is commendable, and it's clear that the nation recognizes the importance of adopting sustainable energy solutions. By prioritizing the transition to renewable energy, enhancing energy efficiency, and protecting ecosystems, Indonesia is laying the groundwork for a resilient and sustainable future. Geothermal energy emerges as a pivotal force in Indonesia's decarbonization journey, and PGEO is leading the charge. With an abundant re...
Post a Comment
Read more

Exxon Hints On Tapping Geothermal Energy AT An S&P Event

Unlocking Earth's Secret Power: Exploring the Potential of Geothermal Energy By: Robert Buluma In a world where the energy transition is gaining momentum, the quest for sustainable alternatives to fossil fuels has never been more crucial. Among the myriad of emerging solutions, one often overlooked yet immensely promising avenue is geothermal energy. This underdog in the renewables arena holds the key to unlocking Earth's secret power, and even industry giants like  Exxon are beginning to take notice. In an exclusive interview with Axios, Exxon CEO Darren Woods revealed the company's keen interest in the progression of geothermal technology. While  Exxon isn't currently actively pursuing geothermal ventures, Woods emphasized the potential alignment and synergies between geothermal energy and the company's existing expertise. With a cautious yet watchful eye,  Exxon recognizes the possibility of integrating geothermal energy into its portfolio, provided the right ...
Post a Comment
Read more

GEL To Operate First UK Geothermal Power Plant at Cornwal

United Kingdom's First Geothermal Power Plant Set to Revolutionize Energy Sector By: Robert Buluma Image: Exergy ORC Turbine To Be Used At athe United Downs Site by Gel at Cornwal The United Kingdom is on the cusp of a significant milestone in its renewable energy journey with the imminent launch of its first geothermal power plant. This groundbreaking project, managed by Geothermal Engineering Limited (GEL) under the visionary leadership of Ryan Law, promises to deliver sustainable baseload power for electricity and heating while ambitiously seeking to harness lithium from geothermal brine. A Game-Changer in Renewable Energy Located in Cornwall, this pioneering geothermal power plant is set to transform the UK's energy landscape. The plant, which has been in development for a Great time, recently reached crucial milestones that bring it closer to full operation. Central to this progress was the installation of an Organic Rankine Cycle (ORC) turbine from Exergy, a company renow...
Post a Comment
Read more

"A $100 Million Journey to Revolutionize Energy: Australia and Germany Join Forces to Unleash the Potential of Renewable Hydrogen"

© shutterstock/Audio und werbung Australia and Germany have joined forces in a quest to revolutionize renewable hydrogen production through a $100 million funding initiative known as the German-Australian Hydrogen Innovation and Technology Incubator (HyGATE). This partnership, aimed at accelerating research and development in the field, will finance four joint projects, including the world's first solar methanol plant and a 10 MW hydrogen electrolyzer that will tap into Australia's first major solar thermal project in South Australia's Port Augusta. Two of the projects, the EGH2 and the Atco ScaleH2 initiatives, represent the final stage of what could become massive gigawatt-scale green hydrogen projects in Queensland and New South Wales, respectively. The EGH2 project, a collaboration between Edify Energy and Siemens Energy, will be deployed in Townsville, Queensland, and will employ a 17.5 MW Siemens Energy electrolyzer and 21 MW solar PV to produce renewable hydrogen. Th...
Post a Comment
Read more

Next-Generation Geothermal: Technologies, Simplified Policy, Financing, and Value Chain

Geothermal energy is poised to play a transformative role in the global shift toward renewable energy and sustainable development .  By:  Robert Buluma As the world races to meet ambitious decarbonization targets, the untapped heat beneath our feet offers a reliable, baseload power source that can complement intermittent wind and solar generation. However, unlocking this potential at scale requires not only cutting-edge geothermal future technologies but also streamlined policy frameworks , innovative financing models , and a reimagined geothermal value chain that reduces costs and accelerates deployment. This article explores the next generation of geothermal innovations technologies that are still on the drawing board alongside strategies to simplify regulations, attract capital, and integrate the value chain into fewer, disruptive steps. Throughout, we’ll highlight key aspects  such as enhanced geothermal systems, closed‑loop geothermal, AI-driven exploration, poli...
Post a Comment
Read more